In Brief

Health care worker sentenced for Medicare fraud, AG says

The office of Nevada Attorney General Catherine Cortez Masto on Wednesday said health care worker Margaret Childs was sentenced for Medicaid fraud. 

In a statement, the office said Childs pleaded guilty to failure to maintain adequate records. District Court Judge Kenneth Cory sentenced Childs to 60 days in jail; suspension; 120 hours of community service; $15,300 in restitution, penalties and costs; and five years probation. 

The office said the attorney general’s Medicaid Fraud Control Unit started investigating the case in 2008 after information was obtained that personal care aid services were not being provided to a Medicaid recipient. 

Aviation Department, utility finish moving wires, towers

The Clark County Department of Aviation and NV Energy on Wednesday said they finished removing nearly 2,900 linear feet of high-tension electrical wires and towers near the North Las Vegas Airport.

In a statement, the Aviation Department said the lines and towers, which stood 100 feet tall along the south side of Carey Avenue between Rancho Drive and Simmons Street, presented a hazard to small aircraft taking off and landing on two of the airport’s busiest runways.

The above-ground lines were recently de-energized in favor of new underground lines NV Energy installed in the area beginning in September .

The department said the $9 million project to take the above-ground lines and move them underground was largely financed through federal grants, including more than $6 million in Airport Improvement Program funding from the Federal Aviation Administration, and nearly $2.7 million in federal stimulus money through the American Recovery and Reinvestment Act of 2009. The Department of Aviation contributed approximately $320,000.

DETROIT

Americans snap up new rides, boosting carmakers in May

Americans shrugged off fewer discounts and a scary stock market plunge last month, snapping up new automobiles and delivering another month of higher sales for carmakers.

May marked the seventh straight month of year-over-year sales increases for the auto industry.

Detroit’s automakers enjoyed brisk gains. Ford sales rose 22 percent, boosted by strong demand for the F-Series pickup and new Ford Mustang. GM sales rose 17 percent, led by a jump in sales of its four remaining brands — Chevrolet, Buick, GMC and Cadillac — and big orders from fleet customers, such as rental car agencies.

Chrysler had the biggest boost of the three, with sales surging 33 percent. May was the first month in more than two years that Chrysler sold more than 100,000 vehicles, helped by strong sales of its Jeep Wrangler, pickup trucks and minivans.

Ford also solidified its position as the nation’s No. 2 automaker behind GM by trouncing Toyota in sales. The Dearborn, Mich., carmaker sold 196,671 vehicles, almost 34,000 more than Toyota, which had taken second place from Ford in March.

WASHINGTON

Credit-chasing homebuyers raise contract count in April

A rush of homebuyers aiming to meet a deadline to qualify for a federal tax credit pushed the number of signed sales contracts to the highest level since October.

The National Association of Realtors said Wednesday its seasonally adjusted index of sales agreements for previously occupied homes rose 6 percent in April from a month earlier to a reading of 110.9.

March’s reading was revised upward to 104.6.

The rise marked the third consecutive month of increases, all of them aided by federal tax credits of up to $8,000.

But the tax credits expired on April 30. Many analysts expect sales to drop in the coming months.

DEARBORN, Mich.

Ford Motor Co. to stop making Mercury-branded cars this year

Ford Motor Co. will cease production of its 72-year-old Mercury brand by the end of 2010 after years of declining sales.

Mercury’s death is the latest in a string of casualties as Detroit carmakers try to cut costs and invest more heavily in fewer offerings.

By shedding a midrange brand that was more and more irrelevant to buyers, the automaker can focus on accelerating sales of Ford and beefing up its luxury Lincoln brand.

Ford plans to expand its Lincoln lineup to make up for lost Mercury sales and support Lincoln-Mercury dealers who will suddenly be without a brand.

Derrick Kuzak, Ford’s product development chief, said Lincoln will have seven new or revamped vehicles in the next four years, including the brand’s first compact car.

RANCHO PALOS VERDES, Calif.

IPad imagined before iPhone, Apple chief tells audience

Apple Inc. CEO Steve Jobs shared a secret with his audience at a technology conference Tuesday: The idea for the iPad came before the iPhone.

The idea to ditch the keyboard for what Jobs calls a multitouch display came about in the early 2000s, although the company was working on a telephone at the time, he said. That’s when a prototype was brought to him that used the device’s now-famous scrolling mechanism.

"I thought, ‘My God we can build a phone out of this,’" Jobs said at The Wall Street Journal’s "D: All Things Digital" conference in Rancho Palos Verdes.

But the tablet was put on the shelf. The iPhone went into development for several years before making its debut in 2007. The iPad went on sale in April.

Both products have taken on more of the personal computing tasks once handled by computers running Microsoft Corp.’s Windows operating system and other programs.

That has helped Apple surpass Microsoft, its longtime nemesis, as the largest technology company in the world by market capitalization — a milestone achieved last week.

BERLIN

Euro nudges up a little against the dollar in trading

The euro is a little higher against the dollar, trading close to the $1.23 mark.

The euro bought $1.2294 this morning European trading — up from $1.2238 in New York late Wednesday.

The 16-nation currency hit a four-year low earlier in the week as worries persist about the economic harm of the eurozone debt crisis.

Strong U.S. home sales data Wednesday might have helped increase the markets’ appetite for risk; the dollar is a traditional safe haven for investors.

ad-high_impact_4
Business
Opendoor isn't the typical house flipping company
Unlike most house flippers, the company aims to make money from transaction costs rather than from selling homes for more than their purchase price.
The Venetian gondoliers sing Italian songs
Gondolier Marciano sings a the classic Italian song "Volare" as he leads guests through the canals of The Venetian in Las Vegas. (K.M. Cannon/Las Vegas Review-Journal)
Building In Logandale
Texas homebuilder D.R. Horton bought 43 lots in rural Logandale. (Eli Segall/Las Vegas Review-Journal)
Indoor farming in Southern Nevada
Experts discuss Nevada's indoor farming industry. (Bailey Schulz/Las Vegas Review-Journal)
Former Fontainebleau could have become a Waldorf Astoria
Months after developer Steve Witkoff bought the Fontainebleau last summer, he unveiled plans to turn the mothballed hotel into a Marriott-managed resort called The Drew. But if Richard “Boz” Bosworth’s plans didn’t fall through, the north Las Vegas Strip tower could have become a Waldorf Astoria with several floors of timeshare units. (Eli Segall/Las Vegas Review-Journal)
LVCVA CEO Rossi Ralenkotter announces plans to retire
Rossi Ralenkotter, CEO of the LVCVA, on Tuesday confirmed a Las Vegas Review-Journal report that he is preparing to retire. Richard N. Velotta/ Las Vegas Review-Journal
Cousins Maine Lobster to open inside 2 Las Vegas Smith’s stores
Cousins Maine Lobster food truck company will open inside Las Vegas’ two newest Smith’s at Skye Canyon Park Drive and U.S. Highway 95, and at Warm Springs Road and Durango Drive. Cousins currently sells outside some Las Vegas Smith’s stores and at Fremont Street and Las Vegas Boulevard. (K.M. Cannon/Las Vegas Review-Journal)
Las Vegas home prices to continue to rise, expert says
Lawrence Yun, chief economist at the National Association of Realtors, gives homebuyers a pulse on the Las Vegas housing market. (Eli Segall/Las Vegas Review-Journal)
NV Energy announces clean energy investment
The company is planning to add six solar projects in Nevada, along with the state's first major battery energy storage capacity. Bailey Schulz/Las Vegas Review-Journal
3 Mario Batali restaurants on Las Vegas Strip to close
Days after new sexual misconduct allegations were made against celebrity chef Mario Batali, his company announced Friday that it will close its three Las Vegas restaurants July 27. Employees of Carnevino Italian Steakhouse, B&B Ristorante and Otto Enoteca e Pizzeria, all located in The Venetian and Palazzo resorts, were informed of the decision Friday morning. Bastianich is scheduled to visit the restaurants Friday to speak to employees about the next two months of operation as well as how the company plans to help them transition to new positions.
Nevada has its first cybersecurity apprenticeship program
The Learning Center education company in Las Vegas has launched the first apprenticeship program for cybersecurity in Nevada. It was approved by the State Apprenticeship Council on May 15. (K.M. Cannon/Las Vegas Review-Journal)
Las Vegas union members voting to authorize the right to strike
Thousands of Las Vegas union members voting Tuesday morning to authorize the right to strike. A “yes” vote would give the union negotiating committee the power to call a strike anytime after June 1 at the resorts that fail to reach an agreement. (Todd Prince/Las Vegas Review-Journal)
Small businesses struggle to find qualified candidates
A 2018 survey found that over two-thirds of small businesses in Nevada find it somewhat to very difficult to recruit qualified candidates. Bailey Schulz/Las Vegas Review-Journal
Nevada secretary of state website offers little protection against fraudulent business filings
Property developer Andy Pham tells how control of his business was easily seized by another person using the secretary of state website.
Caesars may be going solo in its marijuana policy
Several Southern Nevada casino companies aren’t following Caesars Entertainment’s lead on marijuana testing.
How much is the Lucky Dragon worth?
Less than a year-and-a-half after it opened, the Lucky Dragon was in bankruptcy.
Gyms and discount stores take over empty retail spaces
Grocery stores used to draw people to shopping centers. But many large retail spaces have been vacant since 2008. Discount stores like goodwill and gyms like EOS Fitness are filling those empty spaces, and helping to draw shoppers back in. K.M. Cannon/Las Vegas Review-Journal
Funding source of Las Vegas stadium for the Raiders is sound, expert says
The stadium is funded in part by $750 million of room taxes, the biggest such tax subsidy ever for a professional sports stadium. Robert Lang, executive director of Brookings Mountain West and The Lincy Institute at UNLV, says that is a good use of public funds. (Richard Velotta/Las Vegas Review-Journal)
Las Vegas needs light rail, expert says
Robert Lang, executive director of Brookings Mountain West and the Lincy Institute said he is afraid of a "congestion mobility crisis." Las Vegas needs a light rail system, he said, to accommodate the city's growing number of attractions. (Richard Velotta/Las Vegas Review-Journal)
Three takeaways from Wynn Resorts' Earnings Call
Matt Maddox came out swinging in his first earnings conference call as Wynn Resorts chief executive officer, boasting of record Las Vegas quarterly revenues and applicants lining up for work.
Star Wars VR Comes to Las Vegas
Sneak peak at the new "Star Wars: Secrets of the Empire" VR experience at the Grand Canal Shoppes.
Elaine Wynn continues her fight to change Wynn Resorts board
Elaine Wynn, the largest shareholder of Wynn Resorts Ltd., is seeking to kick a friend of her ex-husband Steve Wynn off the company’s board of directors. (Todd Prince/Las Vegas Review-Journal)
Zillow is getting into house flipping in Las Vegas
Las Vegas Review-Journal real estate reporter Eli Segall says flipping houses has waned in popularity after the housing bubble burst.
Ellis Island Buys Mt. Charleston Lodge
Ellis Island, which operates a casino, brewery and hotel just off the Strip, purchased the Mt. Charleston Lodge in early April.
Casinos to be penalized for allowing drug-impaired customers to gamble
Nevada Gaming Commission Chairman Tony Alamo talks about an amendment making casinos subject to the same disciplinary standards of preventing people to gamble if impaired by drugs as they are for letting them play while intoxicated by alcohol.
Terrible Herbst to open large travel center in Southern Nevada
The 50,000-square-foot commercial travel center will include 96 fuel pumps and the third White Castle restaurant in Southern Nevada. Wade Tyler Millward reports.
Art Bell’s Top 10 Shows
A selection of radio host Art Bell’s most popular shows.
Hooters owner talks about room upgrades at his hotel-casino
George Ruff, founder and senior principal of Trinity Hotel Investors L.L.C., owner of Hooters Hotel and Casino in Las Vegas, talks about recent room upgrades at the hotel. K.M. Cannon/Las Vegas Review-Journal
Passengers Discuss Allegiant Air
Allegiant Air passengers voice their views on the airline at McCarran International Airport on April 16, 2018. (Bailey Schulz/Las Vegas Review-Journal)
Longtime Las Vegas attorney John Momot dies at age 74
Criminal defense attorney John Momot, who represented mob figures and even played himself in the movie “Casino,” has died.
TOP NEWS
News Headlines
Home Front Page Footer Listing
Circular
You May Like

You May Like